Main Funds Taxation & Charges How are F&O losses treated for income tax (ITR)? Print How are F&O losses treated for income tax (ITR)? PostedApril 9, 2026 UpdatedApril 9, 2026 Bythanushaa F&O losses are treated as business losses.Can be set off against other income (except salary)Can be carried forward for up to 8 years if not fully set offMust be properly reported in the ITR filing